STOCK-BASED COMPENSATION (Tables)

12 Months Ended

Jun. 30, 2016

STOCK-BASED COMPENSATION

Schedule of stock-based compensation expenses

	For the Fiscal Years Ended June 30,
	2016		2015		2014
	(Amounts in thousands)
Stock options	$	454	$	417	$	468
Stock appreciation rights		1,687		1,422		1,305
Restricted stock		3,686		2,511		3,110
Performance stock		4,212		791		(2,303	)
Total stock-based compensation expense	$	10,039	$	5,141	$	2,580

Schedule of valuation assumptions of stock options and stock appreciation rights

	Stock Options									SSARs
	2016			2015			2014			2016			2015			2014
Weighted-average expected volatility		36.9	%		37.3	%		43.6	%		36.9	%		36.6	%		41.3	%
Weighted-average expected life in years		5.5			5.5			5.5			5.4			5.3			4.8
Weighted-average dividend yield		1.06	%		1.00	%		1.00	%		1.00	%		1.00	%		1.00	%
Weighted-average risk free interest rate		1.6	%		1.7	%		1.7	%		1.6	%		1.7	%		1.5	%

Summary of stock options activity

	Number of Shares			Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Life (Years)		Aggregate Intrinsic Value (in thousands)
Outstanding at July 1, 2015		96,155		$	59.28
Granted		25,437		$	55.71
Exercised		(2,500	)	$	28.78
Forfeited		(1,269	)	$	69.94
Outstanding at June 30, 2016		117,823		$	59.04		6.4	$	1,632
Exercisable at June 30, 2016		73,366		$	57.46		5.1	$	1,129

Summary of SSARs activity

	Number of Shares			Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Life (Years)		Aggregate Intrinsic Value (in thousands)
Outstanding at July 1, 2015		277,118		$	63.91
Granted		97,817		$	56.54
Exercised		(7,000	)	$	30.96
Forfeited		(130	)	$	62.14
Outstanding at June 30, 2016		367,805		$	62.58		7.1	$	3,861
Exercisable at June 30, 2016		194,863		$	62.24		5.7	$	2,106

Summary of the status of non-vested performance shares

	Number of Shares			Weighted- Average Grant Date Fair Value
Non-vested at July 1, 2015		200,325		$	66.52
Granted		48,422		$	45.63
Vested		(10,781	)	$	75.06
Expired		(23,750	)	$	49.66
Forfeited		(4,038	)	$	35.15
Non-vested at June 30, 2016		210,178		$	63.78

Summary of the status of non-vested restricted stock

	Number of Shares			Weighted- Average Grant Date Fair Value
Non-vested at July 1, 2015		154,807		$	66.23
Granted		73,187		$	56.25
Vested		(51,472	)	$	61.54
Forfeited		—		$	—
Non-vested at June 30, 2016		176,522		$	63.46